The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000 per customer. […]
Continue readingTag Archives: CBN
CBN Says 94% Of Cash In Circulation Outside Banks And Presently N4.3 TrillionÂ
The Central Bank of Nigeria has revealed that more than 94 per cent of the cash in circulation in the […]
Continue readingCBN Imposes N150m Fine On Banks Releasing New Notes To POS Operators, Others
The Central Bank of Nigeria (CBN) has announced a fine of ₦150 million on Deposit Money Banks found guilty of […]
Continue readingJUST-IN: CBN Clarifies Nigerians Over Old Naira Notes Expiring Date
The Central Bank of Nigeria (CBN) has reaffirmed that all versions of the naira, including the old and new designs […]
Continue readingBREAKING: CBN Raises Interest Rate To 27.5%
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which […]
Continue readingCBN Send Fresh Warning To Banks, Directs Them To Load ATMs
The Central Bank of Nigeria (CBN) has directed banks to prioritise cash disbursement through automated teller machines (ATMs). CBN gave […]
Continue readingEmefiele: CBN Board Didn’t Recommend Naira Redesign To Buhari – Ex-Deputy Gov
An ex-Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Obiora has said there was no time the board […]
Continue readingFLASH: No Deadline For Circulation of Old Naira Notes – CBN Debunks Report
The central Bank of Nigeria on Thursday, October 24, debunked reports that the old naira notes of N200, N500 and […]
Continue readingJUST-IN: CBN Introduces Electronic System To Boost Transparency In Forex MarketÂ
The Central Bank of Nigeria has announced the introduction of an Electronic Foreign Exchange Matching System aimed at transforming the […]
Continue readingJUST-IN: CBN Jacks Up Interest Rate To 27.25%
The Central Bank of Nigeria (CBN) has announced a 50 basis point increase in the Monetary Policy Rate (MPR), […]
Continue reading





